Americas top stories: weekly summary

ICIS Editorial

23-Jan-2023

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 20 January.

US PPG cautious on near-term China outlook

PPG is cautious about the Q1 outlook for of its business in China because of the COVID-19 uncertainties there, the top executives of the US-based coatings company said on Friday.

INSIGHT: Chems face rough earnings season amid warnings, lower margins

Chemical companies have kicked off the earnings season by waring that they could miss analysts’ estimates and struggle to keep up with rising costs.

US economy poised to enter mild recession as inflation has peaked – ICIS economist

The US economy is likely to enter a relatively mild recession in 2023, the ICIS chief economist said on Wednesday.

US home builder confidence improves after 12 straight monthly declines

US builder confidence in the market for newly built single-family homes improved in January, following 12 straight monthly declines.

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